Janina inherited 100 000 Polish zlotich (PLN) from her grandmother, and wants to deposit them in her

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Janina inherited 100 000 Polish zlotich (PLN) from her grandmother, and wants to deposit them in her US bank account.
She has obtained the following indirect bid-ask rates: 3.8914 –3.8901.
How many USD will be reflected in her US bank account?

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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Posted Date: Jan 07, 2021 09:34 PM

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Janina inherited 100 000 Polish zlotich (PLN) from her grandmother, and wants to deposit them in her

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STEP 1 Identification of applicable bidask rate We have 2 rates one bid rat... View the full answer

Principles of Accounting

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